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Palm Springs Automotive/Industrial Opportunity

145 W Oasis Rd Palm Springs, CA 92262

145 W Oasis Rd, Palm Springs, CA, 92262
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Turnkey automotive business with redevelopment potential in Palm Springs.

Property Size8,000 SF
Lot Size0.41 Acres
Price / SF$137.50
AddedFeb 25, 2020
Days on Market2332
Last RefreshMay 19 at 9:13 pm

Property Features for 145 W Oasis Rd

General Information

Standard status
Active
Size
8,000 SF
Lot size
0.41 Acres
Property subtype
Industrial

Building Details

Year Built
1974

Listing office Coldwell Banker Commercial Lyle & Associates

Listing date Feb 25, 2020

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Lyle & Associates


Investment Insights

Based on property information with market context.

Located in Palm Springs, this property offers logistical access, being 4.5 miles from the airport and close to I-10. The sale includes the H&H Automotive business, along with all equipment and inventory. The property is suitable for an owner-user or operator in the automotive or service-industrial space. H&H Auto is vacating, opening the door for a full renovation and re-lease strategy. The area’s low industrial vacancy (3.9%) suggests strong leasing demand and rent upside. The asset is priced below replacement cost and market rents ($1.10–$1.87/SF), offering room to improve building functionality and achieve higher returns post-upgrade. The 17,859 SF lot includes a 5,616 SF primarily block-walled yard, providing secure outdoor storage or workspace. Built in 1974, the property features a metal tilt-up design, two oversized drive-ins (16’W x 20’H), and 12 surface parking stalls. The property supports a variety of industrial and automotive uses under its M-1 zoning.

Key Highlights

  • Turnkey automotive business (H&H Automotive) with all equipment and inventory included.
  • Priced below replacement cost and market rents, offering value‑add potential through renovation and re‑leasing.
  • Prime Palm Springs location with logistical access and proximity to I‑10.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $99.8k $12.48
− Vacancy −$6.0k −$0.75
EGI $93.8k $11.73
− OpEx −$28.2k −$3.52
NOI $65.7k $8.21
8,000 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.64M
$1.43M – $1.91M (±1% cap)
NOI $114,670 @ 7.0% cap · market cap 10.42%
Second Best
Industrial
$938.5K
$821.2K – $1.09M (±1% cap)
NOI $65,695 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M (±1% cap)
NOI $167,767 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

H & H Automotive ... Auto Repair Shop

Suggested Use

Law Firm Spa & Massage Center Nail Salon Restaurant Hair Salon Auto Parts Store HVAC Service Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Excalibur Tow & Recovery 24/7 — 1270 Sunflower Cir S, Palm Springs, CA 92262
  • Tony’s Auto Center — 301 W Del Sol Rd, Palm Springs, CA 92262
  • Arcaro's Auto Body Repair, Inc. — 340 W Del Sol Rd, Palm Springs, CA 92262
  • Yousef's Service Center — 2796 N Palm Canyon Dr, Palm Springs, CA 92262
  • Corea's Auto Electric — 401 W Radio Rd Suite C14, Palm Springs, CA 92262

FAQs

What type of property is this?
Auto shop - Turnkey automotive business with redevelopment potential in Palm Springs.
Where is this auto shop located?
The property is located at 145 W Oasis Rd Palm Springs, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Turnkey automotive business (H&H Automotive) with all equipment and inventory included.; Priced below replacement cost and market rents, offering value‑add potential through renovation and re‑leasing.; Prime Palm Springs location with logistical access and proximity to I‑10.
Contact an agent
(760) 772-6400 Call to check price and availability
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